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World Economic Outlook

A Survey by the IMF staff usually published twice a year. It presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview as well as more detailed analysis of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Description: The two-speed recovery continues. In advanced economies, activity has moderated less than expected, but growth remains subdued, unemployment is still high, and renewed stresses in the euro area periphery are contributing to downside risks. In many emerging economies, activity remains buoyant, inflation pressures are emerging, and there are now some signs of overheating, driven in part by strong capital inflows.

2010

Description: Global economic recovery rests on two rebalancing acts: internal rebalancing to strengthen private demand in advanced economies, and external rebalancing to increase net exports in deficit countries and decrease net exports in surplus countries. This October 2010 edition of the World Economic Outlook examines the dynamics of such global rebalancing. Table of Contents...

Description: World growth is projected at about 4½ percent in 2010 and 4¼ percent in 2011. Relative to the April 2010 World Economic Outlook (WEO), this represents an upward revision of about ½ percentage point in 2010, reflecting stronger activity during the first half of the year. The forecast for 2011 is unchanged.

Description: The global economic recovery is progressing better than expected, but the speed of recovery varies, as outlined in the April 2010 World Economic Outlook. Some economies, notably in Asia, are off to a strong start, but growth in others is constrained by lasting damage to the financial sector and household balance sheets. The challenge for policymakers is to ensure a smooth transition of demand, while maintaining supports that promote growth and employment. There is also a need to contain and reduce public debt and repair and reform the financial sector. This issue of the WEO also explores two other key challenges in the wake of the Great Recession: how to spur job creation in the face of likely high and persistent unemployment in advanced economies, and how economies that previously ran large current account surpluses or deficits can promote growth by rebalancing external and domestic demand...Table of Contents

Description: The global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions (Table 1. and Figure 1). Following the deepest global downturn in recent history, economic growth returned and broadened to advanced economies in the second half of 2009.

2009

Description: After a deep recession, global economic growth has turned positive, driven by wide-ranging, coordinated public intervention that has supported demand and reduced uncertainty and systemic risk in financial markets. Table of content

Description: The global economy is beginning to pull out of a recession unprecedented in the post-World War II era, but stabilization is uneven and the recovery is expected to be sluggish. Economic growth during 2009-10 is now projected to be about 1/2 percentage points higher than projected in the April 2009 World Economic Outlook (WEO), reaching 2.5 percent in 2010.

Description: World growth is projected to fall to ½ percent in 2009, its lowest rate since World War II. Despite wide-ranging policy actions, financial strains remain acute, pulling down the real economy.